Question

A dealer marks the marked price of an article, as Rs. 204 while its cost price is Rs. 170. He allows a discount of
10% on cash payment. His net gain percent is
A) 10% B) 8% C) 6% D) 5%

Answer 1

10% discount on article
New price = 204 * 90%
Net gain percent = (New price - cost price / cost price ) x 100%